Verizon issued a report today touting the broader Internet of Things marketplace and business opportunity, and boasting of the carrier's growing presence in the space. The company also announced it hired a former Cisco executive, Mrinalini Ingram, to lead its growing smart cities business.
Frontier completed its acquisition of Verizon's wireline properties in California, Florida and Texas on Friday, but it appears that the initial switchover has been bumpy with a number of users telling local media outlets they were seeing issues with their broadband and video services.
It's no secret that companies including Verizon, AT&T and T-Mobile are eying millimeter wave bands like 28 GHz and 39 GHz for their planned 5G tests and networks. And early assessments indicate that these bands can help speed wireless transmissions to 1 Gbps or higher.
MoffettNathanson downgraded both Verizon and AT&T, saying shares of both companies "have very substantially outperformed" in recent months despite major challenges in the U.S. mobile market.
Frontier has completed its $10.5 billion acquisition of Verizon's wireline operations in California, Texas and Florida, a deal that nearly doubles the mainly rural telco's size.
Ericsson is asking the FCC to grant it the ability to modify an existing experimental license so it can advance its 5G testing with Verizon.
Facebook said it doesn't degrade the quality of its video for specific mobile network operators, unlike Netflix. But whether Amazon or YouTube do is still uncertain.
Verizon urged the FCC not to modify rules for consumer signal boosters, saying the current regulations have adequately addressed interference concerns. The carrier added that more than 10,000 of its customers are registered users of signal boosters, more than twice as many as used them last year.
Yahoo recently set April 11 as the date to submit preliminary bids for its core search and display advertising business, setting off speculation again about whether Verizon will acquire the embattled Web property. But while gaining Yahoo's ad business wouldn't "catapult Verizon to the top" of the advertiser heap, a new Wall Street Journal article says, the purchase would give Verizon and AOL a stronger competitive edge.
The Cleveland Convention Center will play host to the 2016 Republican National Convention in July and it's using the occasion to help convince carriers to install network equipment that will improve indoor coverage.